Education
‘Many Valuers Not Conversant With Methods Of Environmental Valuations’
A Professor of Environmental Valuation and Land Administration has stated that many valuers are not very conversant with methods of environmental valuations.
Speaking during the 92nd Inaugural Lecture with the theme: “ Black Swan Events In Wetlands Ecosystems: The Inadequacy Of Monetary Compensations’, of the Rivers State University (RSU), held in Port Harcourt, the Inaugural Lecturer, Professor Victor Akujuru, stressed that they rather adopt valuation methods more suitable for other purposes instead of adopting the appropriate valuation methods.
Akujuru explained that the inadequacy is compounded by the absence of workable framework for responding to the occurrence of oil spills when they occur and being used by the statutory authority charged with the responsibility of superintending the environment.
He further explained that the absence of any effective environmental management policy to ensure quick response to the occurrence of black Swan Events.
He stressed on the policy implications for developing economies like that of Nigeria to include the following: Where the government compromises it’s regulatory role and becomes dependent on only one sector of the economy for it’s revenues, the citizens will suffer as they are unable to insist on the application of free market international best practices in the operations of the dominant industry.
The Professor noted that the framework proposed will enable the operators of the oil industry to follow a laid down protocol in responding to oil spill contamination as they will be able to visualiser the various processes involved.
Akujuru added that it also result in the adoption of market determined valuation methods that will yeild better values to the landowners.
Prof Akujuru emphasized that since the state of professional knowledge and competence of the valuer, being inadequate to engage in environmental valuations, requires a rethinking of the training and policy formation that will aid the management of contaminated environments and thus made the following recommendations.
He recommended that there should be improved knowledge and skills, while charging that the critical role of Valuers in value determination requires the training curricular of future Valuers to be expanded to include aspects of ecological economics to address the peculiarities of the Niger Delta environment.
He called on both the Nigerian Institution of Estate Surveyors (NIESV) and the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) to produce a practical standard for valuation of contaminated properties, incorporating international best practice standards.
Education
Oyo Subeb Recruits More Teachers For Primary, Junior Secondary Schools
The Oyo State Universal Basic Education Board has released the names of 5,600 newly recruited primary school teachers and 80 caregivers in the State.
The SUBEB Chairman, Nureni Adeniran, who announced this in Ibadan, the state capital, on Friday, explained that the list had been duly approved by the state Governor, Seyi Makinde.
“The newly appointed teachers and caregivers are the first batch of successful applicants from the recent recruitment exercise carried out by the board,” he said.
“The list will be uploaded on the portal and will be available for candidates to check their names from the portal.
Education
Corruption In Governance: Don Advocates Traditional Values Promotion
A Professor of Accountancy in the Department of Accounting , Faculty of Administration and Management, Rivers State University, Prof Lawyer Chukwumah Obara has advocated the adoption of African traditional values as a managerial tool to eradicate systemic corruption and mismanagement of public funds in governance.
According to him , the use of such African traditional methods like shrine oath-taking by public servants will deter such public officials from misappropriation of public funds while in office. He said accounting system is evolutionary science that recognises the practice of some pragmatic ideological practices such as African norms and values to fight corruption and mismanagement of funds that is predominantly noticed in both public and private governance.
Prof Obara stated this while delivering his inaugural lecture at the 106th inaugural lecture series of the state university with the topic, “Pragmatic Ideologies and Visionary Accounting: Reinforcing the Helmet, “ held at the Senate auditorium,last Wednesday.
He noted that all the 36 States including the Federal Capital Territory in the country can convinently survive without any federal allocation if they embrace pragmatic ideological accounting systems that are visionary accounting methods.
“Every State must adopt pragmatic approaches in their accounting system,there should be accountability and transparency, ,we must be flexible in our Constitution as constitutional rigidity is bane of the growth of the nation and we must go back to our root , traditional values and that will promote wonderful accounting system and the world will celebrate us,”he stated.
The erudite scholar noted that Accounting science helmet provides a safety umbrella to shade RAIR from shady accounting practices and can serve as both protective measure and forward looking.
Mr Vice Chancellor,in the foregoing senses, reinforcement can increase the probability that the accounting’ behaviour will occur again in similar situations.This implies that reinforcing the helmet is a powerful tool in shaping accountants behaviour, learning and development and this can lead to more effective strategies in accounting therapy and everyday interactions”,he stated.
The lecture examined the evolution of philosophical thought in accounting, notion of pragmatic ideologies in accounting, visionary accounting paradigm , transparency , differences and similarities,the helmet metaphor : balancing protection progress.
He posisted that accounting plays vital role in the socio-economic development of nations , stressing that Accounting is the instrument for financial management , transparency, and resource allocation.
“Over the years ,the accounting system has undergone significant transformations influenced by historical developments , regulatory reforms, and the adoption of global standards which serve as the helmet reinforcing and protecting socio_economic development.”
Reinforcement is a fundamental concept in behavioral psychology and learning theory, particularly in the context of operant conditioning. it refers to any stimulus or event that increases the likelihood of a behaviour being repeated in the future.It can be understood as a mechanism that encourages certain behaviors through rewards or consequences,”he stated.
In concluding, Prof Obara stated that Nigeria’s economic landscape demands an accounting profession that is both pragmatic and visionary .
Earlier in his speech,the Vice Chancellor of the university Prof Nlerum Sunday Okogbule represented by the Deputy Vice Chancellor, Administration, Prof Victor Akujuru the lecture said is valuable and is capable to advancing the growth and development of any society if adopted, even as he commended the lecturer for a thoughtful and impacted inaugural lecture.
By: Akujobi Amadi
Education
RSUBEB Officials Visit Riverine Schools In Abua /Odual
A team of board members and directors of the Rivers State Universal Basic Education Board led by Member in charge of Supervision / Monitoring, Chief Nwuke Anucha visited Ogboloma,a riverine community in Abua/Odual Local Government Area of the State to inspect a six classroom block built single handedly by the community recently.
Speaking at the King’s palace shortly after inspecting the building and facilities in the school, Chief Anucha, who represented the board chairman, Alabo David Briggs, commended the people of Ogboloma for remaining united and working in synergy for the good of the community and the younger generation.
While assuring them that the board chairman would surely be briefed on the effort so far made by the community in encouraging education in the area, Anucha expressed optimism that he (Briggs) will not hesitate to give his approval for the school to kick off and called on the people to see education as the responsibility of all.
He used the medium to thank the King of Ogboloma His Highness Micah Brother, the councilor, Hon. Thomas Carlson; CDC Chairman, Lucky Brave Egba, Chiefs and elders and youths for working in synergy for the progress of community.
Also speaking, the board member in charge of projects Dr. Walson Ominini lauded the people for promoting education in the area, assuring them that their effort will not be in vain.
Earlier in his speech, the King of Ogboloma, His King Micah Brother thanked the bfor finding time to visit the community, pointing out that the six classroom block was the singular effort of the community and appealed to the board chairman to give approval for the school to kick off.
The King who spoke through the councillor representing the area, Hon. Thomas Carlson narrated how children in the community are trekking long distances to neighbouring communities in search of quality education and sometimes would be bitten by snakes called on the board to come to their aid as government presence is not in any way felt in the community.
The chiefs also spoke, thanking the board officers for coming to see things for themselves.
By: Akujobi Amadi
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